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Pin to quick picksHSBC Holdings Share News (HSBA)

Share Price Information for HSBC Holdings (HSBA)

London Stock Exchange
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Share Price: 697.70
Bid: 697.40
Ask: 697.60
Change: 2.10 (0.30%)
Spread: 0.20 (0.029%)
Open: 693.80
High: 698.20
Low: 690.70
Prev. Close: 695.60
HSBA Live PriceLast checked at -

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Lloyds tops PPI complaints list at financial ombudsman

Tue, 23rd Feb 2016 08:50

(ShareCast News) - Complaints about payment protection insurance continue to be made against major high street banks, data from the financial ombudsman showed, with Lloyds Banking Group a serial offender. Of the total new cases referred to the ombudsman in the six months to 31 December, 56% were over PPI%, with 92,667 new PPI complaints, pretty much the same amount as was made in the first half of the year.Lloyds has previously been accused of using delaying tactics to attempt to put off those claiming for past PPI mis-selling offences by its use of delaying tactics.The fresh figures from the ombudsman showed that more than three quarters of the complaints made against Lloyds were upheld in the second half of the year.Later this week, Lloyds´s PPI redress bill is likely to pass the £14bn mark, having hit £13.9bn in October."During 2015, PPI complaints finally began to approach stable levels - but we're still seeing the volume of cases at a much higher level than many people expected," said chief ombudsman Caroline Wayman.The Financial Conduct Authority has proposed giving consumers a deadline of 2018 to claim PPI redress, which would put an end to a scheme that has cost UK banks more than £25bn.For complaints about financial products other than PPI, the ombudsman saw a 10% decline to 71,663.Of the other banks, Barclays´s complaints just topped 18,000, RBS sparked more than 15,000, HSBC topped 12,000, while BoAML's MBNA and Capital One credit card providers both topped 5,000 complaints about PPI.Outside of PPI, the most complained-about individual banking brand was Barclays, with 7,600 issues raised about its banking and credit products and services.
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29 Nov 2023 16:55

LONDON MARKET CLOSE: Cooler German CPI boosts DAX but FTSE 100 falls

(Alliance News) - The FTSE 100 closed lower on Wednesday, despite a bullish session for European peers, as the blue-chip index's China-exposed stocks and natural resources sector struggled.

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29 Nov 2023 16:40

London close: Stocks mixed as US GDP growth tops forecasts

(Sharecast News) - London markets closed with a mixed performance on Wednesday, influenced by a combination of UK data releases and robust economic growth in the US.

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29 Nov 2023 12:02

LONDON MARKET MIDDAY: FTSE 100 underperforms ahead of US data

(Alliance News) - European equities were largely higher heading into Wednesday afternoon's US gross domestic product reading, though London's FTSE 100 underperformed as China-exposed shares and international earners declined.

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29 Nov 2023 11:13

IN BRIEF: Pets At Home starts GBP25 million 2nd half of share buyback

Pets At Home Group PLC - Cheshire, England-based pet supplies and veterinary services - Launches GBP25 million second tranche of GBP50 million share buyback. Commissions HSBC Bank PLC, part of HSBC Holdings PLC, to conduct the buyback tranche, which will end by March 28 next year. The overall programme was started in June. The launch of the second tranche follows the release of interim results on Tuesday. Pretax profit declined 35% to GBP34.7 million in the 28 weeks to October 12 from GBP53.4 million a year prior, as a 6.5% revenue increase was offset by higher cost of sales and administrative expenses. Pets at Home had maintained its interim dividend at 4.5 pence per share.

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27 Nov 2023 17:08

LONDON MARKET CLOSE: Downbeat China data hurts exposed FTSE 100 stocks

(Alliance News) - Stock prices in London closed down on Monday, as underwhelming industrial data from China hurt Asia-exposed stocks and oil majors, while new homes figures in the US also disappointed.

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27 Nov 2023 11:58

LONDON MARKET MIDDAY: Downbeat China headlines hurt FTSE 100

(Alliance News) - London's FTSE 100 made an uncertain start to the week, with share price falls for miners, oil majors and China-exposed stocks sending the large-cap benchmark into the red heading into Monday afternoon.

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27 Nov 2023 06:47

UPDATE: HSBC UK says banking services return after Black Friday outage

(Alliance News) - HSBC Holdings PLC said its digital services are returning to normal after UK customers were left struggling to access mobile and online banking on one of the busiest shopping days of the year.

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24 Nov 2023 11:48

HSBC UK investigating as customers struggle to access banking services

(Alliance News) - HSBC UK is investigating "as a matter of urgency" as customers have been struggling to access banking services on Black Friday.

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24 Nov 2023 11:01

HSBC apologises after online banking outage

(Sharecast News) - HSBC issued an apology on Friday morning after a disruption to its mobile and online banking services left many UK customers unable to access their accounts on one of the year's biggest shopping days.

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23 Nov 2023 11:28

Greencore signs new GBP350 million sustainability-linked facility

(Alliance News) - Greencore Group PLC on Thursday said it signed a new five-year GBP350 million sustainability-linked revolving credit facility.

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22 Nov 2023 15:12

London close: Stocks mixed as investors digest Autumn Statement

(Sharecast News) - London markets closed with a mixed performance on Wednesday, influenced by the Chancellor's Autumn Statement and big moves from the likes of Sage and Kingfisher.

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22 Nov 2023 09:48

LONDON BROKER RATINGS: RBC cuts HSBC; Liberum cuts Glencore

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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22 Nov 2023 07:50

RBC Capital downgrades HSBC, says shares looking 'more fair value'

(Sharecast News) - RBC Capital Markets downgraded HSBC on Wednesday to 'sector perform' from 'outperform' and cut the price target to 775p from 825p as it said the shares are looking more fair value.

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22 Nov 2023 07:47

LONDON BRIEFING: SigmaRoc signs USD1 billion deal for CRH lime assets

(Alliance News) - Stocks are expected to edge higher at Wednesday's market open in London, as investors look ahead to the latest fiscal announcements from the UK government.

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21 Nov 2023 06:24

Banks accused of 'lack of transparency' over green finance activities

(Alliance News) - Europe's 20 largest banks have been accused of a "structural lack of transparency" over their green finance activities.

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